Watch Art Cashin: 'Bizarre' week heats up tomorrow

Wednesday, 13 Nov 2013 | 12:27 PM ET
Cashin says: Market will heat up Thursday
Wednesday, 13 Nov 2013 | 11:40 AM ET
CNBC's Bob Pisani and Art Cashin, of UBS, discuss why investors are sitting on their hands right now. "Yields on the 10-year have gone down, but it has not produced the rally," says Cashin.

Art Cashin says it's been a somewhat "bizarre" week on Wall Street that should heat up tomorrow.

Cashin, UBS' director of floor operations at the NYSE, told CNBC's Bob Pisani around midday that Fed chairman nominee Janet Yellen's confirmation hearing tomorrow will reveal "how they'll approach" her and how she responds.

"There will be some pointed questions. The thing the Fed has to watch out for is a lot of people are trying to pin them and QE for helping to exacerbate the so-called inequality that we see in America. If they let that build, they will become a political issue next year in an election year."


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